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Rupee hits record low past 62/dollar as shares plunge

Rupee at 62_0.jpg

Mumbai: The rupee dropped to a historic low of 62.00 per dollar in late morning trade on Friday on good demand for the US currency from banks and importers in view of sharp fall in equity market.

Sensex crashes 769 points in market mayhem

It was bloodbath in markets Friday with Sensex crashing 769.41 points, the biggest fall in four years, to end at 18,598 on fresh concerns about US stimulus withdrawal and rupee plunging to record low of 62, draining investor wealth by Rs two lakh crore.

BHEL, Sun Pharma top Sensex losers


It was a tough week for Indian shares with the benchmark indexes bearing the brunt as the rupee tumbled to a fresh all-time low of 61.80 versus the dollar on Tuesday. Fears of the U.S. Federal Reserv

Rupee bounces back from record-low close to 60.88 vs dollar; Sensex up 124 points


Mumbai: The rupee on Thursday recovered from all-time closing low, adding 42 paise to end at 60.88 against the dollar amid expectations the government would announce fresh steps to support the local

Sensex ends below 19,000-mark


The BSE benchmark sensex Tuesday plunged 450 points to end below the 19,000-mark after five weeks on massive all-round selling as the rupee hit record low of 61.80 against the dollar.

Rupee drops to all-time record low of 61.51 vs dollar

Mumbai: The Indian rupee dropped to an all-time record low of 61.51 per dollar in the late morning session on fresh dollar demand from banks and importers amid weakness of dollar in the overseas mark

Rupee plunges to record-low close of 61.10 despite RBI steps; Sensex falls 153 points


Mumbai: The rupee fell a massive 67 paise to all-time closing low of 61.10 against the dollar despite slew of steps taken by the government and the central bank in the past few weeks to support the b

Rupee bounces back from 60.90 as RBI steps in, ends at 60.43; Sensex declines for 7th day


Mumbai: After slumping to 60.90 levels in early trade, the rupee managed to recoup most losses to end almost flat at 60.43 against the US dollar on suspected RBI intervention and stricter hedging rul

Bharti Airtel surges over 8% after Q1 results


Mumbai: Shares of telecom major Bharti Airtel on Wednesday soared by over 8 per cent, even as the company reported a 9.6 per cent fall in net profit for the first quarter ended June 30, 2013. Bharti'

Sensex down 402 points

The benchmark S&P Bombay Stock Exchange sensex tanked a whopping 402 points to close at a two-week low of 19,748.19, breaking four weeks of uptrend, following disappointing Q1 results amid steps taken by the central bank to stem the rupee fall.

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